Sulphides; of Sodium Price in Bolivia - 2023
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Sulphides; of Sodium Price in Bolivia (CIF) - 2022
In 2022, the average sulphides; of sodium import price amounted to $1,063 per ton, picking up by 12% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphides; of sodium import price increased by +90.6% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 62%. The import price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($1,074 per ton) and Hong Kong SAR ($1,074 per ton), while the price for Peru ($958 per ton) and China ($1,074 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphides; of Sodium Imports in Bolivia
In 2022, sulphides; of sodium imports into Bolivia shrank markedly to 488 tons, declining by -33.6% compared with the year before. Overall, imports, however, showed a perceptible expansion. The growth pace was the most rapid in 2021 with an increase of 252% against the previous year. As a result, imports attained the peak of 735 tons, and then contracted dramatically in the following year.
In value terms, sulphides; of sodium imports fell significantly to $519K in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 471%. As a result, imports reached the peak of $699K, and then dropped markedly in the following year.
Import of Sulphides; of Sodium in Bolivia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 200 | 79.7 | 495 | 390 | 24.9% |
Peru | 14.8 | 4.6 | 58.9 | 57.2 | 56.9% |
Turkey | N/A | N/A | N/A | 31.5 | 0% |
Hong Kong SAR | 12.1 | N/A | N/A | 21.1 | 20.4% |
Mexico | 25.9 | 36.7 | 144 | 15.4 | -15.9% |
Others | 1.8 | 1.4 | 2.1 | 3.7 | 27.1% |
Total | 255 | 123 | 699 | 519 | 26.7% |
Top Suppliers of Sulphides; of Sodium to Bolivia in 2022:
- China (363.1 tons)
- Peru (59.7 tons)
- Turkey (29.4 tons)
- Hong Kong SAR (19.7 tons)
- Mexico (14.4 tons)
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